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/biz/ - Business & Finance

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File: 8 KB, 292x239, uhoh.png [View same] [iqdb] [saucenao] [google]
26394726 No.26394726 [Reply] [Original]

First 4hr red cloud since the bear market. It's over mumu bros.

>> No.26394814
File: 169 KB, 828x1027, pinkfields.jpg [View same] [iqdb] [saucenao] [google]
26394814

>>26394726
the linear chart jeets won't put it together until /biz/ is consumed with pink fields.

>> No.26395204

>>26394726
That's bullish tard.

>> No.26395255
File: 38 KB, 651x513, 1607345215653.jpg [View same] [iqdb] [saucenao] [google]
26395255

>>26395204
No it isn't. It's probably going to go sideways until it careens into the red cloud and then it will plummet.

>> No.26395306
File: 43 KB, 788x431, 2021-01-22 21_29_16-1231.06 ETHUSD.png [View same] [iqdb] [saucenao] [google]
26395306

how do my meme lines look? aren't we still all good?

>> No.26395366

>>26394726
how do you get those lines anon?

>> No.26395392

>>26395366
Ichimoku

>> No.26395470

It's still good on the one day chart. And if Bitcoin plummeted straight to $24,000 in the next few days it would perfectly touch the green cloud.

>> No.26395488

>>26394726
Explain this red cloud. Is it like an MACD projection?

>> No.26395501
File: 7 KB, 285x233, 2021-01-22_22-37-14.png [View same] [iqdb] [saucenao] [google]
26395501

>>26395470

>> No.26395527

don't overthink it bros, it's miners dumping their bags and Grayscale buying them up

>> No.26395612

>>26395527
"Grayscale" isn't doing any purchasing until February 4th afaik. I need to read this again because I don't fully understand but I thought that's what it said.
https://hackernoon.com/grayscales-gbtc-pump-effect-means-2021-will-start-slow-0gu340l

>> No.26395613

there's a twist so there is still a chance we can go through this cloud

>> No.26395673

>>26394726
I just opened a 10x long. Screen cap this

>> No.26395739

>>26395612
https://www.bybt.com/Grayscale
https://cryptonews.com/news/grayscale-makes-a-huge-bitcoin-purchase-but-btc-goes-meh-8948.htm

>> No.26396156

>>26395739
>one possibility [for ehy their purchases aren't creating price movement] is that hedge funds that bought into Grayscale 6 months ago at NAV (Net Asset Value) are now selling their positions at NAV plus premium, and then rolling over their investment with new units in the fund.

>> No.26396196

>>26395739
>one possibility [for why their purchases aren't creating price movement] is that hedge funds that bought into Grayscale 6 months ago at NAV (Net Asset Value) are now selling their positions at NAV plus premium, and then rolling over their investment with new units in the fund.